S โ€” Community Improvement & Capacity BuildingEIN: 320145183ยท Ruling Year: 2008

Carteret Business Partnership Inc

Carteret, New Jersey

A-Health Score
84A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$9.9M
Total Revenue
๐Ÿ“Š
$8.3M
Total Expenses
๐Ÿฆ
$62.2M
Net Assets
๐Ÿ“‹
$2.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+68.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+16.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.49
Net assets divided by total expenses
Liabilities-to-Assets
3.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$9,935,166โ†‘69%$8,303,745โ†‘61%$64,437,291โ†‘3%
2022$5,882,291$5,170,919โ†‘61%$62,759,478โ†‘1%
2021$5,905,215โ†“68%$3,215,267โ†‘30%$62,094,240โ†‘8%
2020$18,233,481โ†“24%$2,475,249โ†‘21%$57,728,296โ†‘33%
2019$23,928,602โ†‘166%$2,044,593โ†‘2%$43,283,495โ†‘114%
2018$8,995,025โ†‘163%$1,995,913โ†‘5%$20,265,682โ†‘59%
2017$3,417,698โ†“10%$1,899,601โ†“14%$12,781,835โ†‘17%
2016$3,800,151โ†“56%$2,197,259โ†‘76%$10,899,042โ†‘17%
2015$8,545,524โ†‘244%$1,245,020โ†‘12%$9,276,150โ†‘370%
2014$2,483,506โ†‘21%$1,116,508โ†“40%$1,975,646โ†‘225%
2013$2,045,475โ†‘35%$1,848,987โ†‘30%$608,648โ†‘49%
2012$1,510,897โ†‘19%$1,424,790โ†‘15%$407,159โ†‘27%
2011$1,268,821โ†“1%$1,238,763โ†“1%$321,052โ†‘10%
2010$1,277,170$1,250,904$290,994

Frequently Asked Questions

What does Carteret Business Partnership Inc do?โ–ผ

Carteret Business Partnership Inc is a community improvement & capacity building nonprofit organization based in New Jersey. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carteret Business Partnership Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Carteret Business Partnership Inc has a score of 84/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Carteret Business Partnership Inc generate?โ–ผ

Carteret Business Partnership Inc reports $8.8M in annual revenue and holds $17.4M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in New Jersey.

Carteret Business Partnership Inc โ€” Carteret, NJ | GiveScope